Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
TD Securities

Pay Details:
$108,800 - $163,200 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

• Oversee the development, implementation, and management of compliance frameworks for GPDO, ensuring alignment with regulatory requirements (e.g., AML, KYC, sanctions screening, and ISO 20022).
• Monitor regulatory developments in the payments industry, ensuring timely updates and adaptations to internal policies and procedures.
• Collaborate with internal legal and compliance teams to manage audits, internal reviews, and regulatory examinations related to GPDO.
• Develop and lead training programs to keep the GPDO team informed of compliance requirements and regulatory updates.

• Develop and implement risk management strategies related to payments, ensuring the identification, assessment, and mitigation of potential operational and regulatory risks.
• Coordinate with the internal Risk Management team to ensure that payment processes adhere to the organization's risk tolerance levels and industry standards.
• Act as the primary point of contact for external regulatory agencies and SWIFT regarding compliance and risk matters.

• Establish and manage a robust monitoring and reporting system to track compliance metrics and identify potential risks or breaches.
• Prepare and present regular compliance reports to executive leadership and regulatory authorities, as required.
• Respond promptly to regulatory inquiries or audits related to wire payments and oversee the remediation of any identified issues.

• Work closely with internal teams, including Operations, IT, Risk Management, AML, Internal Audit, and Legal, to ensure compliance requirements are embedded in payment processes and systems.
• Provide guidance and support to cross-functional teams on compliance-related matters, and act as a liaison with regulators and industry bodies.
• Develop and maintain relationships with external regulatory bodies, industry groups, and SWIFT network stakeholders.

• Design and implement training programs for staff on SWIFT wire payments compliance, ensuring awareness of regulatory changes and compliance best practices.
• Promote a strong compliance culture within the organization, emphasizing the importance of regulatory adherence and ethical behavior

• Continuously assess and enhance compliance processes, leveraging technology and data analytics to improve efficiency and effectiveness.
• Collaborate with technology teams to ensure that payment systems are configured to support compliance requirements, such as automated sanctions screening and transaction monitoring.

• Education: Bachelor's degree in Finance, Business, Law, or a related field. Advanced degrees (e.g., MBA) or professional certifications (e.g., CAMS, CTP, or CRCM) are highly desirable.
• Experience:
  • Minimum of 7-10 years of experience in payments operations, compliance, or risk management, with a significant focus on SWIFT systems and international payments.
  • Proven experience in managing compliance programs and industry relations in the financial services sector.
  • Strong background in data analysis and metrics management.
• Skills:
  • Deep understanding of SWIFT messaging standards, compliance regulations (e.g., AML, sanctions), and international payment systems.
  • Excellent analytical, problem-solving, and decision-making skills, with the ability to manage complex regulatory environments.
  • In-depth understanding of AML,FINTRAC, KYC, OFAC sanctions, and other regulatory frameworks related to cross-border payments.
  • Strong leadership and communication skills, with the ability to interact effectively with both internal teams and external industry stakeholders.
  • Experience working in fast-paced, high-volume payment operations environments.
  • Proven leadership and team management experience, with the ability to influence and collaborate with senior executives and cross-functional teams

• Strategic Thinking: Ability to develop and execute long-term compliance strategies that align with business goals.
• Risk Assessment: Proficient in identifying, assessing, and mitigating compliance risks related to wire payments.
• Regulatory Acumen: Deep knowledge of global regulatory requirements and the ability to keep up with evolving legislation.
• Collaboration: Strong interpersonal skills to work effectively with internal and external stakeholders.
• Technology-Driven: An understanding of how technology can be leveraged to streamline compliance operations.

• Work Environment: Hybrid work options.
• Travel: Occasional travel may be required to attend industry conferences, regulatory meetings, or to engage with SWIFT and other external stakeholders.